A Thanksgiving Monologue

Speaker 1 is an iHeart podcast.

Speaker 2 Guaranteed human.

Speaker 3 This is Sophie Cunningham from Show Me Something. Do you know the symptoms of moderate to severe obstructive sleep apnea or OSA in adults with obesity?

Speaker 3 They may be happening to you without you knowing.

Speaker 3 If anyone has ever said you snored loudly or if you spend your days fighting off excessive tiredness, irritability, and concentration issues, it may be due to OSA.

Speaker 3 OSA is a serious condition where your airway partially or completely collapses during sleep, which may cause breathing interruptions and oxygen deprivation. Learn more at don'tsleep on osa.com.

Speaker 3 This information is provided by Lilly, a medicine company.

Speaker 2 Callzone Media.

Speaker 4 Hello, and welcome to a very special Thanksgiving monologue. I'm your host, Edzitron.

Speaker 4 And well, this one's about you, and it's about thanking you for the last year or two and saying that this show really does mean a lot to me, perhaps more than it should.

Speaker 4 And this journey has become oddly personal in that the show has allowed me to explore this kind of complex relationship I have with technology, the industry, the media, my peers, my own identity, which all sounds a bit much, I realize, but I mean it sincerely.

Speaker 4 And I think at this point, you've kind of worked out that's my whole bag.

Speaker 4 And I recognize I still sound congested sophie made it very clear this is all i'm doing this week i've got to recover and i will recover i promise but i wanted to say that our humanity is what makes us different from the machines and that's what makes this show special

Speaker 4 And I'm endlessly grateful for the hundreds of thousands of human beings who listen to or read my work every month. I love hearing from you.

Speaker 4 I'm so grateful for your generosity, your intellectual interest in my work, and in many cases, great empathy and capacity for good.

Speaker 4 And the conclusion of the AI bubble, I think it's going to be a referendum on the status quo, a stress test of the tech industry's largest firms and collective intellect and, honestly, imagination.

Speaker 4 Either I'm wrong and the growth trend suddenly sprouts from OpenAI or Microsoft or Anthropic, or I'm right and hundreds of billions of dollars got burned on unprofitable software and even less profitable hardware.

Speaker 4 While I've complained in the past about feeling alone in this, I never really have been, and you've all kind of made me realize that.

Speaker 4 From the early days of my newsletter and Better Offline, many of you have been calling bullshit on AI too in my comments, in emails, on the Reddit.

Speaker 4 And a lot of you are honestly not far from where I am as far as my breadth of knowledge.

Speaker 4 I hope I'm helpful in educating you, but already so many of you see with clarity what the stakes are and how to pierce the thick layers of financial bullshit.

Speaker 4 And you all know we're at this point, we're basically living in a paradox. Every day we look at the stock market, it's either red or slightly green.
Everyone's kind of worried.

Speaker 4 Everyone still posting these headlines, both about being in an AI bubble and also in the midst of the greatest technological revolution since.

Speaker 4 Whatever half-assed comparison people are even making these days, they're not even really fucking bothering, are they?

Speaker 4 And everybody is still trying to avoid looking at open AI, which is the financial equivalent of a man walking a tightrope across lava while begging a crowd of people to throw rocks at him.

Speaker 4 Yeah, $1.4 trillion worth of compute deals in the space of five years should all be fine, Sammy. You're still welcome to come on the show, by the way.
You PR person, stop fucking responding to me.

Speaker 4 Very rude. Very rude.

Speaker 4 But look, you, the listener, if you feel insane at the moment, it's because all of this is insane.

Speaker 4 OpenAI plans to burn escalating multiple billions of dollars for revenues that appear based on the episode I put out a few weeks ago. Well, they appear a little questionable.

Speaker 4 And And whatever OpenAI actually makes at this point is up for debate, which I think is reasonable and should have happened earlier.

Speaker 4 And even now, I still have people getting in touch with me saying, oh, perhaps the numbers are delayed. Perhaps it's this, perhaps this.
It's not. It's a cruel accounting, I believe it's called.

Speaker 4 Those numbers were correct to the quarters I had them in. It's time to start accepting where we are.
It's time to accept that things are not going well and that this bubble will burst.

Speaker 4 It's probably going to be the most egregious I told you so in history. But I don't have to do that, I told you so alone.
I'm not doing it alone. You're coming with me.

Speaker 4 And today I celebrate you, the listener, and I'm thankful for you for trusting me the many times I've asked you to, when doing so was not really in line with the market consensus.

Speaker 4 Early on in this show, people they said I was mad. Would a mad person laugh like this?

Speaker 4 Anyway, seriously, though, so many of you stuck by me early on, even when the entirety of the media kind of didn't. I'm not saying everyone was against me or anything.

Speaker 4 I'm not that kind of person, other than the fact I'm literally the single most punished person ever. But in all seriousness, you've all been there with me too.

Speaker 4 You've given me your time every week, and you're generous with your time too, your energy and your focus, too.

Speaker 4 So many of you are showing up on Blue Sky and Reddit and email, and you're picking up stuff very, very fast.

Speaker 4 There are members of the media who don't get things that some randos emailing me get.

Speaker 4 Some of you are picking up some nuanced corporate accounting that took me a lot longer to get out there. So I could not be more proud of you, and I could not really see the show as any more powerful.

Speaker 4 Because look, what actually changes the world is regular people talking about stuff en masse. I can have whoever successful a podcast I want.
I can have however many subscribers.

Speaker 4 But ultimately, if there is just a gluttony of people who can look at this bullshit and see it for what it is, I think that changes the world. And you are part of that too.

Speaker 4 And the distance between my knowledge and your own is minuscule. You are the ones that will make the difference.
So tell everybody everything you know. Don't worry about giving me credit.

Speaker 4 I don't give a shit.

Speaker 4 I really don't. What I give a shit about is you knowing more and making better decisions as a result.

Speaker 4 An early piece of feedback I got was never to tell you how to feel, and I won't, but I'll tell you what I know and why I feel that way. And I feel very lucky to have so many of you listening.

Speaker 4 And the end of the year is going to be a more chill thing. I think I'm going to come up with a nice two-parter, maybe a three-parter.

Speaker 4 I have something brewing, I'm still not sure what it is, but we're going to have some cool ones about Steam with Steve Burke from Gamers Nexus, who's been an amazing guy, up on the show, what, twice already?

Speaker 4 This three cry, it's so cool. I get to talk to cool people I admire, and in that vein, I also have Nathan Grayson from Aftermath coming on as well in the next few weeks.
A lot to to look forward to.

Speaker 4 And thank you for the many emails I've got about me being sick. I really do appreciate you looking out for me.
I'm taking care of myself.

Speaker 4 I have wonderful people close to me, a girlfriend who took care of me as well. And I mean, it's been really nice.
My world feels a lot warmer and larger than it did a year ago.

Speaker 4 And I'm just very grateful for what I have. I don't know what happened next.
Happened next? Jesus Christ, not editing it, Matthew. Anyway, I don't know what happens next.

Speaker 4 But I do know that there are many, many, many more, hundreds of thousands of people who are capable of actually understanding what's going to happen next.

Speaker 4 And I can't wait to tell you. I'm so lucky to do this show.

Speaker 4 I'm lucky to have an amazing producer in Matt Osowski and an editor in Matt Hughes, to have Sophie and Robert supporting me on the Coolso Media side. It's really cool doing this show.

Speaker 4 Have a great Thanksgiving. Have a great rest of the week.
We'll be back to our regular bits next week. I'm Ed Zitrum.
Thank you for listening.

Speaker 3 This is Sophie Cunningham from Show Me Something. Do you know the symptoms of moderate to severe obstructive sleep apnea or OSA in adults with obesity?

Speaker 3 They may be happening to you without you knowing.

Speaker 3 If anyone has ever said you snored loudly or if you spend your days fighting off excessive tiredness, irritability, and concentration issues, it may be due to OSA.

Speaker 3 OSA is a serious condition where your airway partially or completely collapses during sleep, which may cause breathing interruptions and oxygen deprivation. Learn more at don'tsleep on osa.com.

Speaker 3 This information is provided by Lilly, a medicine company.

Speaker 5 Amazon Five Star Theater presents real customer reviews performed by Ed Helms. Tonight's review, Tactical Jacket.
I was living a simple life. Didn't get out much.

Speaker 6 Then, I bought this jacket, and everything changed.

Speaker 5 Women came flocking to me from lands domestic and foreign. On the 245-day sailboat voyage home, I was attacked by a shock.

Speaker 6 I knew it was the jacket he was after.

Speaker 5 Giving up the jacket in exchange for my life. Five stars, Amazon Customer 69.

Speaker 5 Shop the perfect gift this holiday on Amazon.

Speaker 1 Janice Torres here. And I'm Austin Hankwitz.

Speaker 7 We host the podcast, Mind the Business Small Business Success Stories, produced by Ruby Studio in partnership with Intuit QuickBooks.

Speaker 1 We're back for season four to talk to some incredible small business owners.

Speaker 7 The big thing about working at tech is that it's ever-evolving, ever-changing. Everyone's a rookie.
That's how fast the industry is changing.

Speaker 7 So, what I'm really excited about is to be part of that change. So, listen on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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Speaker 1 This is an iHeart podcast.

Speaker 2 Guaranteed human.